It would appear Exor - the Agnelli family trust - has bitten the bullet and moved on from buying a 20pc stake in Swiss Re.
Exor - controlled by chairman and CEO John Elkann - has just announced it is launching a $6.4 billion all cash takeover offer for US-listed insurance and reinsurance company PartnerRe, trumping a previous $11 billion merger with Axis Capital. Here is a link to the Exor press release:
A cheeky financial blog with stories about deals, dealmakers and anything else I find interesting. Edited by Ben Harrington. [Disclaimer - the information on Betaville does not constitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions.]
Showing posts with label PartnerRe. Show all posts
Showing posts with label PartnerRe. Show all posts
Tuesday, 14 April 2015
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